Score Katie Holmes' Bag for Less!

Spotted: Holmes' favorite handbag designer at a discount!

This Sunday, British label Mulberry will invade Target stores nationwide. The eight-piece collection includes satchels, totes and cross-body bags in velvet, quilted denim and faux leather.

The leather company is most known for a laid-back approach to luxury, which is why stars like Olivia Palermo, 24, and Kelly Osbourne, 25, flock to the line. Homes, 31, has been spotted toting the wildly popular Alexa bag, named after MTV's stylish Alexa Chung.

While that piece will run you more than $1,000, you can snag a more affordable version (Everything is $50 and less!) at Target stores and starting October 10.